Total Variable Cost Formula?


The formula for Total Variable Cost is units produced multiplied by the variable cost per unit. The production of more units will lead to an increase in total variable cost. The cost is directly proportional to production.
Q&A Related to "Total Variable Cost Formula?"
use fixed cost times the total numbers of output per unit this in turn
Economists think of a corporation's costs in terms of implicit or explicit costs. Implicit costs concern the company's opportunity cost for making different investment decisions,
what is the total cost fomula?
Costs that vary in total in direct proportion to changes in activity.
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